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Forecasts may tell you a great deal about the forecaster they tell you nothing about the future.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Nothing
Forecaster
Great
Forecasts
Investing
Deal
Deals
Future
Tell
May
More quotes by Warren Buffett
My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
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The Fed is the greatest hedge fund in history.
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
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That's the reality of what they're going to sell them to the Treasury for.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.
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The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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If at first you do succeed, quit trying on investing.
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I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
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The Noah rule: Predicting rain doesn't count building arks does.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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The ability to say no is a tremendous advantage for an investor.
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You can't make a good deal with a bad person.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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Taking jobs to build up your resume is the same as saving up sex for old age.
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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
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I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
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